Enterprise (Solution) Application Architect (Market Data / Market Risk - FRTB)

D L Resources Pte Ltd; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A banking client in Singapore is seeking an experienced Solutions Architect to lead the design and implementation of Enterprise Market Data Services. The role involves building an Enterprise Data Management system and requires strong experience with market data, team leadership, and knowledge of tools like NeoXam DataHub and Murex. Familiarity with capital markets and front-office domains is essential.

Qualifications

• Experience building and managing teams.
• Strong techno-functional skills combining business and technical expertise.
• Hands-on experience with market data across multiple asset classes.
• Familiarity with front-office domain knowledge.

Responsibilities

• Lead design and implementation of Enterprise Market Data Services.
• Build and manage Enterprise Data Management systems for various banking sectors.
• Establish data quality, transformation, and distribution frameworks.

Skills

Team Leadership

Architectural design mindset

Technical delivery management

Market data experience

Knowledge of Python

Tools

NeoXam DataHub

Markit

Murex

Job description

Nature of Role:
- Team Leadership
- Build and grow the team.
- Gatekeeper for Requirements Management
- Vet and clarify new project requirements before execution, ensuring adherence to project governance and communication processes.

Key Characteristics:
- Strong architectural design mindset.
- Experience in technical delivery management.
- Techno-functional expertise (business and technical skills combined).

Market Data & EDM Products Experience:
- Hands-on experience with NeoXam, DataHub, Markit (market data knowledge is critical).
- Experience with market data across multiple asset classes: Interest Rates, Equities, FX, Derivatives, etc.
- Prior experience in Murex/Capital Markets is not mandatory, as long as the candidate has strong market data experience.

Capital Markets Knowledge:
- Front-office domain knowledge required.
- Familiarity with at least one asset class is sufficient.

SME Requirement:
- The candidate must act as a Subject Matter Expert (SME), providing a holistic, time-series data approach to market data.
- Understand the entire data flow and product landscape within the project.

Project Details:

Regulatory Context:
- Part of an Optional Regulatory Regime.
- Experience in this niche project is a strong value-add.

Functional Coverage:
- FRTB IMA (Fundamental Review of Trading Book – Internal Models Approach) for Capital Market Risk Calculation.
- Market Data covers multiple asset classes: Interest Rates, Equities, FX, Derivatives, etc.

Technical Stack & Data Flow:

- Big Data & Cloudera Solutions: Analytics & Rules Engine for Market Data Processing.
- Core System: Murex (integrates with MRS & MRW).
- Supporting Systems:
- MRS (Market Risk System): Processes Market Data Scenarios, sends data to Murex.
- MRW (Market Risk Warehouse – Cloudera): Stores long-term historical data.
- Satellite Systems: Feed Market Data Scenarios into MRS and Murex.
- Data Approach: Time-series data.
- Vendor Software: NeoXam DataHub, Markit, other EDM products.

Role Description:

Join our banking client's Capital Markets IT division in Singapore as an experienced Solutions Architect. Lead the design and implementation of Enterprise Market Data Services, covering Treasury, Risks, Financial, Wholesale, and Retail banking across countries.

Key responsibilities include building an Enterprise Data Management (EDM) system for Market and Referential Data, establishing data sourcing, quality, transformation, and distribution frameworks, and managing vendor relationships. Knowledge of enterprise architecture methodologies and experience with EDM products like NeoXam DataHub and Markit are essential. Skills in Python and data analytics tools are beneficial.